$121.2 Million Multifamily Loan | Orlando, FL
560 units
240-Unit New Construction Opportunity in Desirable Viera Submarket
We are pleased to present the opportunity to acquire Ascend Space Coast, a 240-unit Class-AAA construction offering modern design, located in prime Viera submarket. The Property is 93% leased in only 6 months, averaging 38 leases since March. The Property boasts high average household incomes and convenient access to I-95, providing residents easy access to major nearby employers, like Blue Origin, NASA, L3 Harris, and Northrop Grumman. The Property benefits from world-class retail amenitization, including the Avenues at Viera, a 600,000 SF center including prime shopping, entertainment, and dining options, and future retail plans for Borrows West, a 115-acre mixed-use development.